October 2, 1914. THE COLLIERY GUARDIAN 737 COAL, IRON ANO ENGINEERING COMPANIES REPORTS AND DIVIDENDS. Ashton Yale Iron Company Limited.—The report for the year to June 30 last, states that the results show a balance of £2,602, to which has to be added .£109 brought forward, making a total of £2,711. Of this sum there will remain, after payment of debenture interest, £285, and writing £200 off rolling stock, £2,226. In consequence of the extra expen- diture which the Coal Mines Act, 1911, has thrown upon the past financial year for additions and improvements at South Liberty Colliery, the directors do not propose to apply any sums for depreciation of plant and works in this account, and recommend a dividend of 1 per cent, for the year, leaving £909 to be carried forward. Birmingham Small Arms Company Limited.—The direc tors’ report for the year ended July 31 states that the profit available for distribution, after due allowance for deprecia- tion, amount to '£190,429 9s. 4d., add amount brought for- ward from last year, £62,585 19s. 9d.—£253,015 9s. Id. Deduct interim dividends paid on April 1 last as follows : On 5 per cent. “A” preference shares, £4,782 8s. lOd.; on 6 per cent. “ B ” preference shares, £1,683 5s. 2d.; on ordi- nary shares, £38,349 2s.—£44,814 16s.; there remains a balance of £208,200 13s. Id., which the directors recom- mend should be appropriated as follows : To pay a final divi- dend on the 5 per cent. “A” preference shares at the rate of 5 per cent, per annum, less income tax, £4,768 7s. 7d.; to pay a final dividend on the 6 per cent. “ B ” preference shares at the rate of 6 per cent, per annum, less income tax, £8,450; to pay a final dividend on the ordinary shares of 5 per cent, and a bonus of Is. per share, free of income-tax, £76,698 4s.—£89,916 Ils. 7d.; to transfer to general reserve fund, £50,000 (which will then amount to £350,000)— £139,916 11s. 7d.; leaving balance to carry forward, £68,284 Is. 6d. Out of the £500,000 new capital in the form of £1 6 per cent. “ B ” preference shares sanctioned by the share- holders in October last, £300,000 has been issued and the proceeds paid to the Daimler Company. County of Durham Electrical Power Distribution Company Limited.—The directors have decided not to pay an interim dividend on the preference shares. Hurst, Nelson and Company Limited.—The directors, after setting aside the amounts required for the dividends on the preference shares payable in November and May next, and placing a substantial sum to reserve, recommend a dividend of 5 per cent, on the ordinary shares. Indian Collieries Syndicate Limited.—The report for the year ended June 30, 1914, states that the net revenue amounts to £15,707, from which have to be deducted the London charges, debenture interest, depreciation, and a reserve to meet English income-tax, amounting in all to £9,794, leaving a net profit of £5,913. The balance brought forward from the previous year was £9,250, and adding this to the net profit, there is £15,163 at credit of profit and loss account. The board appropriate £3,590 to the sinking fund for the redemption of the deben- tures and £1,102 for the usual 7 per cent, dividend on the preference shares, leaving a balance of £10,470 to be carried forward. The distribution of a dividend on the ordinary shares is not recommended, and as 3£ per cent, on the pre- ference shares has already been paid, these shares will be entitled to a further 3J per cent., making 7 per cent, for the year. Kyshtim Corporation Limited.—The directors announce that the sum of Is. 6d. per share, in respect of dividend of 3s. per share, declared on July 16, 1914, was paid on October 1, 1914. Lambert Brothers Limited. — The accounts for the year ended June show a profit, after payment of fees of £76,807, and £6,543 was brought forward. Preference share divi- dends absorbs £13,750, and directors place £20,000 to reserve and propose to pay a dividend of 10 per cent, for the year on the ordinary shares, carrying forward £19,600. Lehigh Valley Coal Company Limited.—The accounts for the year ended June 30 show a total net income, after deduct- ing charges for sinking funds, depreciation of the property, and interest on the funded debt, of $564,859, a decrease of $906,415 as compared with the preceding year. Smith and McLean Company Limited. — The directors recommend dividends of 5 per cent, per annum on the pre- ference and 10s. per share on the ordinary shares (£10),- placing £10,000 to the ordinary reserve, and carrying for- ward £12,625. United Collieries Limited.—The directors regret that owing to the general financial situation, along with the state of trade and its immediate prospects, they think it necessary to conserve the resources of the company, and postpone pay- ment of the coupons of the “A” and “ B ” first debentures due on the 1st proximo. The directors will reconsider the position before the end of the year, by which time it is hoped that the coal trade will have improved, and be in a more settled condition. United National Collieries Limited.—The directors have declared an interim dividend of 6d. per share (2| per cent.), free of income-tax, on the ordinary shares, payable 30th inst. Vulcan Foundry Company Limited.—The directors have declared a dividend of 15 per cent., less income-tax, on the ordinary shares for the year ended June 30 last, placing £17,000 to reserve for maintenance and renewals. Workington Iron and Steel Company Limited.—The direc- tors decided that the recently declared dividends on the preference and ordinary shares—dates of payment of which were left by shareholders to the discretion of the board— should be paid on the usual date of October 1. NEW COMPANIES. Esparto Limited.—Private company. Registered Sept. 22. To cultivate or harvest esparto grass and other produce of the soil in this country or abroad, to carry on business as shipowners, forwarding agents, sheep farmers, brewers, mine owners, brickmakers, wool washers, to search for and work coal, ironstone, brickearth, bricks, and other metals, also business of chemists, druggists, etc. Nominal capital, £35,000 in 25,000 £1 preference shares and £10,000 £1 ordinary shares. First directors and subscribers (one share each) :—Edward Allan Ironside, 40, Mincing-lane, E.C., merchant; Joseph Binet, Neuilly-on-Seine, No. 2, Rue des Huissiers, merchant. Grazebrook (M. and W.) Limited.—Private company. Registered Sept. 17. To acquire and carry on business of iron masters, iron founders, and engineers carried on at Netherton Iron Works, Dudley, by Francis Grazebrook and Owen Francis Grazebrook as “ M. and W. Grazebrook,” also to deal in brick earth, bricks, tiles, clay, etc. Nominal capital, £50,000 in 20,000 £1 preference shares and -30,000 £1 ordinary shares. Directors and subscribers (100 shares each) :—Francis Grazebrook, Himley House, near Dudley, iron master; Owen F. Grazebrook, Castle Cottage, Dudley, iron master; Emmanuel Cookson, Wood-street, Wollaston, Stourbridge, iron merchant. Qualification of directors, £100. Green (A. T.) and Sons Limited. —Private company. Registered Sept. 22. To acquire business now carried on at Rotherham as “A. T. Green and Sons,” and carry on busi- ness of general engineers. Nominal capital, £5,000 in 3,750 £1 preference shares and 1,250 £1 ordinary shares. Governing director, Thomas Green. Universal Coal Company Limited.—Private company. Registered office, 50, Sherbrook-road, Daybrook, Notts. Registered Sept. 21. To acquire and carry on business of coal merchant now carried on by B. J. Ortlieb, at Daybrook, Notts as ‘ G. Ortlieb and Son,” also business of engineers, •founders, brick makers, builders, painters, etc. Nominal capital, £1,000 in £1 shares. Directors and subscribers (one share each) :—Benedict James Ortlieb, 50, Sherbrook-road, Daybrook, Notts, coal merchant; Sarah Ann Ortlieb, 50. Sherbrook-road, Daybrook, married woman. Qualification of directors, £100. This list of new companies is taken from the Daily Register specially compiled by Messrs. Jordan and Sons Limited, company registration agents, Chancery-lane, E.C. CONTRACTS OPEN FOR COAL AND COKE. For Contracts Advertised in this issue received too late for inclusion in this column, see Leader and Last White pages. Abstracts of Contracts Open. Aberayron, October 6.—Coal for the Aberayron District Committee. Tenders to Mr. B. C. Jones, clerk, Aberayron. Abergavenny, October 12.—Good house coal to the Coun- cil schools. Information from Mr. Fred Baker Gabb, clerk to the group. Airdrie, October 5.—Best household coal and best house- hold dross for the Airdrie Court House Commissioners. Tenders, Mr. J. Dunn Russell, clerk to the Commissioners, County Buildings, Airdrie. Barrow-in-Furness, October 16.—Coal for the Corpora- tion. Form from the Director of Education, Town Hall. Belper, October 14.—For supply of coal, etc., to the isolation hospital, for the Authority. Forms of Mr. J. Pym, clerk, Bridge-street, Belper. Bromsgrove, October 5.—Coal and coke to the Broms- grove Secondary School, Stourbridge-road, for the Manag- ing Committee. Tenders to Mr. J. Lloyd, correspondent, Education Offices, Bromsgrove. Bromsgrove, October 12—Coal and coke for the Broms- grove Higher Education Committee. Tenders to Mr. J. Lloyd, correspondent, Education Offices, Bromsgrove. Cairo (Egypt), October 20.—For the Egyptian State Railways and Telegraphs Administration :—(1) 360,000 metric tons of Welsh steam coal, and (2) 40,000 metric tons of Lamb ton’s steam coal. Forms from the General Manager, Egyptian State Railways and Telegraphs, Cairo.* Price, 2s. each. Dublin.—Coal, 20,000 tons Lanarkshire or Ayrshire washed double nut coal, for the directors of the Dublin United Tramways Company. Full particulars from Mr. R. S. Tresilian, secretary, 9, Upper Sackville-street, Dublin. Paisley, October 8.—Coal for the Renfrew District Board of Control. Forms from Mr. J. C. Fraser, interim clerk to the Board, County Buildings, Paisley. Sheerness, October 3-6.—About 500 tons of washed slack for the Urban District Council. Forms from V. H. Stallon, clerk, Council Offices, Sheerness. Ware, October 5.—About 40 tons of nutty small steam coal for the Ware Rural District Council. Tenders to Mr. G. H. Gisby, clerk, Town Hall, Ware. Warrington, October 9—Coal for the Corporation. Forms from Mr. J. Moore Murray, M.Sc., director of educa- tion, Education Office. Whalley (Lancs), October 10.—Steam coal to the Whalley Asylum for the Committee of Visitors. Forms from Mr. Harcourt E. Clare, clerk to the Committee of Visitors, County Offices, Preston. Wolverhampton, October 5—Coal for the Corporation. Forms from Mr. E. A. B. Woodward, waterworks engineer, on payment of £1 (returnable). The date given is the latest upon which tenders can be received. CONTRACTS OPEN FOR ENGINEERING, IRON AND STEEL WORK, 4c. Abingdon, October 26.— Well Sinking, etc.—For sink- ing a well and driving adits, for the Rural District Council. Specifications from Mr. Geo. Winship, Borough-buildings, Abingdon, upon payment of £1 (returnable). Burton-on-Trent, October S.—New Boiler Tubes.—For new tubes for their two Lancashire boilers at the Work- house, Burton-on-Trent, for the Guardians. — Particulars from the Workhouse Master. Colwyn Bay, October 20.—Turbo-alternators, etc.—For the Colwyn Bay and Colwyn Urban District Council :— Turbo-alternators and jet condensing plant; water-tube boilers, chain grate stokers, feed pumps, etc.; E.H.T. and L.T. switchgear for the power station; cooling tower, travelling crane, power station cabling and wiring, under- ground cables, rotaries and statics, and E.H.T. and L.T. switchgear for the substation. Specifications from the con- sulting engineer, Mr. E. M. Lacey, M.Inst.C.E., 12, Vic- toria-street, Westminster, S.W., on payment of £3 3s. (returnable). Cork, October 17.—Turbine.—One vertical water tur- bine for the Corporation. Specification from the Resident Engineer, Pumping Station, Lee-road, Cork. Heywood (Lancs), October 17.—Converting Plant.—For A.C. and D.C. switchgear and cables, battery booster, * Specifications, particulars, etc., may be seen at the Commercial Intelligence Branch of the Board of Trade 73, Basinghall-street, E.C. * E.H.T. overhead line, and E.H.T. switchgear for sub- station, for the Corporation. Specification from Mr. R. B. Leach, borough electrical engineer, Electricity Works, Hey- wood, on payment of £5 deposit (returnable). Hornsey, October 9.—Converter Sets, etc.—Two rotary or motor converter sets, etc., for the Hornsey Town Council. Forms of the Borough Electrical Engineer, Electricity Works, Tottenham-lane, Hornsey. Joyce Green, October 7.—Steam Engine.—New steam engine and mechanical appliances for the Metropolitan Asylums Board. Specification at the Office of the Board, Embankment, upon payment of £1 (returnable). London, S.W., October 12.—Turbine Pump.—Steam turbine-driven centrifugal pump at Battersea, for the Metropolitan Water Board. Tenders to Mr. A. B. PillLm, clerk of the Board, Savoy-court, Strand, W.C. Southampton, October 10.- -Boiler.—Erection of a dish- ended Cornish boiler, with setting, steam pipes, and fittings, at the Workhouse, St. Mary-street, Southampton. Speci- fication from Mr. A. J. Walden, clerk, Guardians’ Offices, Southampton, on payment of £1 Is. (returnable). COAL-HANDLINC PLANT AT CHARLESTON. According to the Manufacturers' Record, the Southern Railway Company has awarded contracts for the construction of modern coal dock facilities at Charleston, S.C., which will enable the Virginia and South-Western Railway Com- pany and Southern Railway Company to handle coal from the coalfields of the South through the port of Charleston. It is expected that it will take the machinery manufacturers about six months to complete their work, and therefore the plant should be in operation in the early part of next spring. The dock will be constructed on property containing about 120 acres, with more than 4,000 ft. of river front, having a depth of water adequate for all requirements. The contract has been awarded to the Wellman-Seaver-Morgan Company, of Cleveland, O., for the construction of the coal handling machinery. The proposed terminal will be equipped with the latest coal appliances, so vessels can be loaded with maximum speed. With a view to determining the best equipment for reli- ability, for careful handling to reduce breakage, and for rapidity of loading, the Southern Railway Company has had made exhaustive studies of methods of handling coal, and has finally adopted a design for the plant which it is believed will be more than adequate in every way. This plant is designed with a capacity to deliver coal to vessels at the rate of not less than 2,000 tons per hour in the best possible condition. The facilities will be of sufficient capa- city to load vessels of the largest type. A single unit will now be constructed, but the plans have been so arranged that as the business develops the facilities can be enlarged so as to meet the needs of the additional traffic. There will be a movable loading tower, which will travel the full length of the dock, and a movable car dumper, which will travel 300 ft. This dumper will be designed for dumping coal from all types of open-top railway cars into a receiving hopper on the coal loading tower. The car dumper will be mounted on wheels designed to travel along the runway, this runway being elevated above the dock on a special trestle system. Intermediate between the runways of the car dumper, will be a standard gauge railroad track over 5,000 ft. in length, for bringing cars to the plant, and ample yard tracks are also provided, which will facilitate the rapid handling of the loaded and empty cars. The car dumper proper travels over this standard gauge track, and is pro- vided at each end with movable approaches, up which the loaded cars will be pushed by means of an electrically operated car pusher. After the dumper has been properly placed opposite the loading tower, the incoming loaded car is placed on the cradle in the position for dumping. In the first motion of rotation of the cradle the car will move on a rolling platen sidew’ays until its side rests securely against the side of the cradle. The cradle will then be rotated until the car has been inverted to an angle of 70 degs. with the horizontal. During the rotation of the cradle the clamp beams automatically clamp the car securely in its position by means of heavy counterweights, which travel in guides at the rear of the. structural framework. This arrangement of car clamps is a distinctive feature, and their action is entirely automatic, depending simply on a counterweight system for their operation. The clamps will not injure either steel or wooden cars, and will release automatically as the car is lowered to its original position. After the car has been dumped another loaded car is brought up the incline approach, this car replacing the empty car, and pushing it out of the cradle, when it will run down the discharge on the empty car storage track. The operation is then repeated. The coal loading tower will consist of a structural steel framework, supporting a folding boom, extending over the boat and terminating in a telescopic chute, so designed as to be lowered through the hatch for discharging the coal into the cargo hold. The lower end of the chute will be provided with a rotating trimmer of the Blake type, and a gate will also be provided to regulate or stop the flow of coal. The boom will be so arranged that it may be retracted when loading boats of small beam, or it may be fully extended to give a maximum reach. The boom and the chute are arranged so that they may be folded up in order to clear the rigging of ships. At the rear side of the tower will be a tilting hopper, w’hich will be designed to receive coal from the movable car dumper, which travels on an elevated runway at the rear of the loading tower. This hopper will be hinged at the forward side in a position directly over the boom, and the hopper will be actuated by means of ropes. This hopper will be of sufficient capacity so that when lowered to a hori- zontal position a car load of coal can be dumped into it; then by elevating the rear end of the hopper this coal may be dumped on to a flight conveyor, which is carried on the boom, and transfers coal through a telescopic chute into the cargo hold. Immingham Coal Exports. — During the week ended September 25 the coal exported from Immingham totalled 27,715 tons to foreign destinations, and 5,420 to coastal ports. The shipments, according to the official returns, were as follows :—Foreign : Ahus, 1,484 tons; Amsterdam, 1,639; Copenhagen, 1,578; Gefle, 3,752; Gothenburg, 4,672; Har- lingen, 1,058: Holding, 1,003; Ostend, 790: Oxelosund, 3,005; Rotterdam, 2,623: Sodertelje, 1,446; and Stockholm, 4,665 tons. Coastwise : To London, 5,420 tons. The returns for the corresponding period of last year show that there was 48,616 tons exported to foreign ports, and 5,000 tons to coastal ports.